Senior Services Center of the Chathams Inc

Analysis

Senior Services Center of the Chathams Inc is a registered charity in United States, based in Chatham, NJ. It received its IRS tax-exemption ruling in November 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Senior Services Center of the Chathams Inc reported income of $248k and spending of $242k, spending 98% of its income. Across the 3 years on record, from September 2020 to September 2023, income grew from $241k to $248k (+2.9%), an average of +1.4% a year. The sharpest change came in the year to September 2023, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Services Center of the Chathams Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Institute for Energy & Environmental Research ($248k), Habitat for Humanity International Inc ($248k) and New Canaan Cares Inc ($248k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $139k (57% of expenses). At year end it held assets of $252k against liabilities of $5,640, net assets of $247k. It reported 8 employees.